Nice follow-through lower yesterday in the morning to the expected target for the day but had a pretty steady recovery from the low into the end of the day which certainly complicates things. It would have made things easier for bears if they closed under 2580 SPX. That said, I am still going to treat this as a retest of the 2580-2588 zone that was lost yesterday. I think they are setting the market up for more decline next week.

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